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determine a) cumulative markup percent, B) gross cost of merchandise sold, C) maintained markup percent given the information: opening inventory:...

determine a) cumulative markup percent, B) gross cost of merchandise sold, C) maintained markup percent given the information:


opening inventory: cost: $37,840 / retail $69,320

net purchases: $16, 460 / retail $33,730

freight: $910 / retail?

net transfers in: $230 / retail $560

gross sales: cost? / retail $38,140

customer returns: cost? / retail $2,080

net markdowns: cost? / retail $4,060

employee discounts: cost? / retail $930

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